Noblesville, Indiana, offers a unique opportunity for investors to capitalize on the city's growing economy and rich history. With 3 retail properties for sale, investors can choose from a variety of options to suit their needs. Retail properties in Noblesville can represent a range of investments, from small storefronts to large shopping centers. The city's amenities, infrastructure, location, education, and geography make it an attractive location for businesses and residents alike. For example, the Ruoff Music Center, a popular outdoor music venue, attracts visitors from across the region, while the Hamilton East Public Library and Noblesville High School provide valuable resources for the community. The city's location along the White River and its proximity to Indianapolis also make it an ideal spot for businesses looking to establish a presence in the area. With its strong economy and high quality of life, Noblesville is a great place for business and travel, with attractions like the Conner Prairie Pioneer Settlement and the Hamilton County Courthouse.
Noblesville's retail properties are situated in a city with a rich history and a strong sense of community. The city's shopping centers, such as the Noblesville Square, offer a range of retail options, while restaurants like the historic downtown area's eateries provide a unique dining experience. Office properties, such as those located in the city's downtown area, offer a professional and convenient location for businesses. Hotels, like the Hampton Inn and Suites, provide comfortable accommodations for visitors. With its diverse economy and range of amenities, Noblesville is an attractive location for businesses and residents alike. The city's average price per square foot for retail properties is $391 USD, with an average size of 16,345 square feet. The largest retail property available is 66,469 square feet, offering a range of options for investors. With an average cap rate of 7.35%, Noblesville's retail properties offer a stable and attractive investment opportunity.
What is the average cap rate for retail properties in Noblesville?
When it comes to retail properties in Noblesville, investors can expect an average cap rate of 7.35%, which is a key metric to consider when evaluating the potential return on investment. To learn more about how cap rates work and what they mean for your investment strategy, check out our article on what is a cap rate, and explore the 3 available listings of retail properties in Noblesville, with average prices per square foot of $391 USD and average sizes of 16,345 square feet, ranging up to 66,469 square feet.
How do location and foot traffic affect retail property values?
In Noblesville, Indiana, the location and foot traffic of a retail property significantly impact its value. For instance, properties situated near popular attractions like the Ruoff Music Center or along busy roads like Indiana State Road 37 tend to have higher values due to increased exposure and accessibility, with an average price per square foot of $391 USD and an average size of 16,345 square feet.
